Quote: (05-29-2011 11:35 AM)txbeachbum Wrote:
Quote: (05-29-2011 02:03 AM)Athlone McGinnis Wrote:
Quote: (05-29-2011 01:28 AM)txbeachbum Wrote:
Have you seen the hours on some McDonalds (hell some are 24rs) 300%, 400% turnover sorry but none of the franchise owners I know would I ever consider international playboys. Most if they had to do it again, wouldn't.
Very interesting post. Its good to at least know more about this type of opportunity, even if it isn't so ideal.
For the guys who "work there", are they mandating hours for them? Does the owner just show up for a few hours every week for his "job" or are they watching more closely than that?
You have to work full time 40+ hours, they are watching alot more closely than that with district managers and other systems. Also can't remember how long but you also will have to work at a location (not your own) 3,6 or more months unpaid sort of as a training/test to see if you want to do it, and if they want to grant you a franchise.
So just having the $$ won't guarantee you getting a location. Like I said all the BS you have to go through doing that just to buy a job.
As the guy who said a lawn service is too low status for him. That is the problem alot of people focus on glamorous businesses restaurants, clubs, promoter and that kind of BS which also has the highest failure rate.
The wealthiest people I have met 200 million+ have the more boring businesses you can think of, one guy sell hinges for doors, who would have thought? But when you think about it every door in the world needs a hinge, dude started a long time ago now is selling about 50-60% of the worlds hinges to 3rd world countries.
Another one is janitorial services, I started one in college cause i wanted to work at night and hated jobs, in 6 months I was making about $6,000 a month with 2 employees. doing it part time. I started it after meeting my father friend at dinner who started one about 20 years ago while working a full time job and has over 600 employees now.
Cost me less that $250 bucks to start it.
I could go on.
Also second thing with putting 10-15 years into a job is you dont have shit to pass on to future generations.
You can not pass down your cushy 250k a year job to your kids.
Business can last generations, all the big businesses now was once small businesses HP , Microsoft, Dell, Ford etc so when you have children they do not have to start at the bottom of the ladder, that is how you have generational wealth trumps, fords, kennedy, etc.
A 9-5 is overrated
It's amazing that in a country built on freedom all most people want is some security and willing to give up freedom to get a little bit of security.
Those who chose security over freedom get neither.
Those who chose freedom over security usually get both.
- Brian Kim
I believe there is a requirement to own a McDonalds that you have to attend some school for two years!!
I also think they are on the decline as a business outside USA, in my city they actually closed one a few years back.
You bring up some truly good points, mowing lawns seems like a great business - but yet you never see young kids or adults knocking doors to do it. People are simply too proud or too lazy, but I can tell I know older people that would pay for it.
9 - 5 is way over-rated.
Txbeachbum - what countries are you thinking of exploring for business? If you want to keep it a secret I can understand.